Ford Motor saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 65 to 72.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the best-performing stocks typically have an RS Rating of over 80 as they begin their largest runs. See if Ford Motor can continue to show renewed price strength and clear that threshold.
While Ford Motor is not near an ideal buy zone right now, see if it manages to form and break out from a proper consolidation.
The company posted negative growth for both the top and bottom lines last quarter.
Ford Motor holds the No. 8 rank among its peers in the Auto Manufacturers industry group. Ferrari, Toyota Motor ADR and ZEEKR Intelligent ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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